Word: building
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Dates: during 1980-1989
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...Wedtech, there are success stories. General Railroad Equipment and Services, Inc., a black-owned firm in East St. Louis, Ill., has doubled its sales and almost tripled its work force in four years in the SBA program. Dennis Yee, the son of Chinese immigrants who used federal funds to build Abacus Technology in Washington, hails the SBA for allowing him "to establish a top-quality, competitive consulting firm...
...investment firm: "Volcker had credibility. Greenspan will have to grow into it." Agreed Alice Rivlin, director of economic studies at the Brookings Institution and a fellow member of TIME's Board of Economists: "Volcker had the confidence of the world. That will be the hardest thing for Greenspan to build...
LABOR SHORTAGES. Unemployment rates in the megacounties are phenomenally low: less than 3% in Fairfield County, Conn., for instance. Middle managers and computer programmers can be enticed by high salaries, but where to find the laborers to build the new offices, the clerks to staff the stores, the pump jockeys to keep the cars running? Not from the local working class; in many communities there is none. Manual and low-paid clerical workers cannot afford the housing prices (Orange County median price for a new home: $125,000); indeed, many of the children who grow up in those houses must...
...second component of this so-called consolidation phase involves the construction of faculty housing, such as those Harvard proposes to build on the newly-acquired 245 Concord Ave. site...
EXPECTED USE: Harvard will build 25 new townhouses to be sold on an experimental basis to faculty members at prices approaching $350,000 a piece. The University also plans to help rebuild the public library...